The big move at the CBOT Tuesday was a 1¾-cent gain in December corn futures – which isn’t much but that the development followed Monday’s bullish reversal is. The strength in new crop corn defies much of the fundamental outlook and suggests traders are sensing something bullish in the offing. Whatever that is, the soy complex and wheat markets were immune to it, and both traded lower for the day with favorable weather forecasts being the primary drivers. Overall trading volume at the CBOT was light for the day with funds largely continuing to hold positions and wait to see what the weather forecasts bring this week. Outside Markets U.S. equities were mixed on Tuesday following the Consumer Price Index d...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.